Travel Services Market Research Reports & Industry Analysis
The demand for travel agents is reliant upon a number of factors: economic growth, business and leisure travel, consumer income, airline seat availability, technological developments, and the price of jet fuel. The primary costs this industry has to cope with include computer services and telecommunication services. As many consumers are more often turning to online booking services, computer access is imperative, and online services will increase overall profitability. The revenue of the travel service industry is made of up the fees charged for their services, and what services the client requests.
Independent travel service companies are dependent upon their marketing strategies to effectively appeal to the consumer and thus general a profit. Smaller companies put emphasis on catering to a small amount of large clientele, and serving a specific locale. Large travel service companies focus on corporate clients, and are able to provide a broad spectrum of services, as well as operate elaborate websites to promote their services.
Travel Services Industry Research & Market Reports
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South Korea Booking
... but also accommodation and check-out services online. As a result, sales are steadily growing, driven by increased consumer demand for convenient, all-in-one platforms. Euromonitor International's Booking in South Korea report offers a comprehensive guide to ... Read More
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Chile Booking
... pandemic. This period saw many flights and hotel reservations cancelled, and airlines and hotels often failed to address refund requests adequately, either resolving issues partially or not fulfilling refund or ticket change requests at all. ... Read More
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Hong Kong, China Booking
... transformation, accentuated by the seismic disruptions caused by the pandemic, has reshaped the competitive dynamics within the category, presenting both challenges and opportunities for players across the value chain. 63% of Hong Kong respondents purchased ... Read More
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The United Arab Emirates Travel
... Exhibitions (MICE) sector. The United Arab Emirates, especially Dubai and Abu Dhabi, continues to be a leading destination for both leisure and business travellers due to its advanced infrastructure, diverse attractions, and strategic location. Sustainable ... Read More
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Saudi Arabia Travel
... investments, including the launch of Riyadh Air, and the expansion of international and domestic routes, support the strong development of the industry in Saudi Arabia. Additionally, Saudi Arabia's innovative visa programme has made international travel ... Read More
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Japan Travel
... preparations for a continued increase in tourism are underway. Euromonitor International's Travel in Japan report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest ... Read More
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Australia Travel
... 2024, as travel restrictions lifted and Australians showed a strong interest in outbound travel. However, domestic trip numbers are still increasing, with domestic business trips contributing more to this growth. Nevertheless, compared to 2019, the ... Read More
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Mexico Booking
... and Price Res SAPI de CV (Price Travel). Growth in this space is led by online sales, although one of the winning strategies has been to adopt an omnichannel approach. Thus, Best Day Travel allows ... Read More
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Austria Booking
... and the triumph of online bookings has been confirmed. Operating brick-and-mortar travel agencies has also become more expensive again due to the disproportionate rise in energy and labour costs since the Russian invasion of Ukraine ... Read More
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The US Booking
... While a small group of consumers have shifted from international trips to domestic, or from flights to road trips, a large group of travellers are willing to spend their money on trips, but they want ... Read More
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Singapore Booking
... of almost 40 new or off-the-beaten-path experiences in Singapore. However, operators have faced challenges such as manpower shortages, smaller group sizes post-COVID-19 requiring more guides, and logistical issues from last-minute bookings, especially from bleisure tra... ... Read More
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Vietnam Booking
... markets such as South Korea, Japan, China, and Thailand to promote tourism. According to these agreements, it is easier for Vietnamese tourists to apply for a visa in a big group, such as through a ... Read More
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Austria Travel
... domestic trips is close to returning to the 2019 level. In addition, key measures, such as hotel room nights and value sales and airline value sales, are reaching new heights as travel leaves the COVID-19 ... Read More
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Chile Travel
... Chile"" programme, which has positioned the country as a premier MICE destination. Chile's tourism industry is strategically positioned to capitalise on its geographical strengths. Currency devaluation in Argentina has led to a surge in Chilean ... Read More
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Malaysia Travel
... would be a game changer, but current restrictions continue to impede recovery in this area. Global challenges including war and economic concerns are creating uncertainty, with the industry responding through moves such as flexible booking ... Read More
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Franceb Booking
... the new post-pandemic period. 2024 is likely to be an even better year for travel and booking in France. More French people used these travel intermediaries in 2023 and their number continues rising in 2024. ... Read More
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Austria Lodging (Destination)
... the 2019 pre-Coronavirus (COVID-19) pandemic level. Business trips and long-distance travel are still slightly curbed due to the experience of the pandemic, but also partly due to greater efforts to save money by both leisure ... Read More
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Argentina Lodging (Destination)
... from making the substantial investments required to establish and maintain luxury hotels. Euromonitor International's Lodging (Destination) in Argentina report offers a comprehensive guide to the size and shape of the market at a national level. ... Read More
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Argentina Tourism Flows
... it becomes more affordable for tourists from other countries to visit Argentina since their purchasing power increases, allowing them to spend more on accommodation, dining and attractions. Euromonitor International's Tourism Flows in Argentina report offers ... Read More
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Thailand Tourism Flows
... of Chinese tourists. The number of inbound arrivals from mainland China has fallen short of expectations, attributed to the sluggish recovery of its economy and a shift towards domestic tourism. Traditionally, China is a key ... Read More
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South Korea Lodging (Destination)
... driven by the lifting of travel bans and pandemic restrictions. This move towards individual travellers is expected to lead to higher room rates compared with group bookings, but it also increases hotels’ reliance on online ... Read More
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Hong Kong, China Lodging (Destination)
... longer stays and higher spending, have been notably absent, impacting the revenue streams of upscale establishments that rely on their patronage. Meanwhile, Chinese tourists, a vital source market for Hong Kong, have altered their travel ... Read More
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Italy Booking
... travel booking is set to see double-digit value growth, while at the same time business booking is also set to perform well, also anticipated to register double-digit current value growth in 2024, with particularly strong ... Read More
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Colombia Tourism Flows
... to increased expenditure across sectors associated with the tourism industry. Consequently, there was a boost in the local economies of visited regions. This substantial uplift in foreign tourist arrivals reflects the growing interest in Colombia's ... Read More
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Australia Tourism Flows
... recovery is the higher number of travellers visiting Australia for holidays compared to visiting family and friends, with the latter continuing to record lower growth in comparison. The marked improvement in holiday travel indicates that ... Read More
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